Street View

1view

Owner Contacts

$1,840,000

NAL Estimated Property Value

6230 Northwood Rd, Dallas, TX, 75225

Off Market

4 Beds

3 Bath

2,856 Sq Ft

Single Family Residence

$2.63 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Dryer, Electric Oven, Gas Cooktop, Microwave, Double Oven, Washer

Exterior

Lot Size17,650 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000406561000000

Lot Number4

SubdivisionPreston Highlands 2

Land UseResidential

Legal DescriptionPRESTON HIGHLANDS 2 BLK C/5468 LOT 4 INT202300000483 DD06202022 CO-DC 5468 00C 00400 1005468 00C

Census Tract007702

Assessed Land Value$1,147,250

Assessed Improvement Value$542,040

Assessment Year2025

About this property

Preston Hollow Fairway 100 x 176 large beautifully landscaped lot. Open living-dining room with 17 ft. ceiling and natural light from the floor to ceiling windows. Hardwood floors throughout. The kitchen has SS appliances, maple cabinetry, granite counters & Venetian glass pendant lamps. The master suite has jetted tub, steam shower, and walk-in closet. Lovely back yard with stately trees and large grassy space. This well-maintained home uses tankless water heaters and has a radiant barrier installed. Located minutes from Preston Center, Preston Royal & the Tollway. W-D and kitchen refrigerator included. Tenant responsible for all utilities and lawn and landscape dare.

Investor Tools

$1,840,000

Estimated Property Value

$671,281Estimated Mortgage Balance

$1,168,719Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,040 /month

Positive

Cash Flow Estimate:

$3,680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,913/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$37,756

$1,689,290

2025

$1,147,250

$542,040

$1,689,290

Tax History

Year

Tax Paid

Assessed Value

2024

$37,756

$1,689,290

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$737,900

First

Aug 26, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$671,281

$1,168,719

63%

36%

$4,425/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,860/mo

$4,425/mo

$-565/mo

2.5%

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